Currently, freight has decreased, but inflation continues to rise, reducing import demand. Consequently, Vietnam's tuna exports to major markets in September have slowed down. The US continues to be the largest tuna importer with sales in September reaching over US$31 million, up 33% over the same period in 2021, 14% lower than August.
Exports to the CPTPP market in September continued to increase by 95% over the same period, reaching nearly 11 million USD, but 32% lower than the previous month. Exports to Israel, and Saudi Arabia are also slowing down, 24% and 577% higher in comparison to the same period 2021 but 35% and 44% lower than in August.
Meanwhile, exports to the EU in September reached nearly 18 million USD, up 64% over the same period. This number is 27% higher than the previous August. This year, due to high sea freight costs, EU canners are reluctant to ship their goods through the port of Rotterdam in the Netherlands, which will add to the cost of their CFR bills. Therefore, Vietnam's tuna exports to EU markets such as Belgium and Germany tend to increase sharply. In September, tuna exports to Belgium increased by 199%, while Germany increased by 48% over the same period last year.
Vietnam's tuna exports are expected to reach 1 billion USD in 2022
As of the end of September, Vietnam's exports of tuna products continued to increase over the same period, except for fresh, frozen and dried tuna HS code 03 (excluding frozen tuna meat/loin). Although the growth rate has slowed down compared to previous months, Vietnam's exports of frozen tuna meat/loin HScode 0304 are still high. In the first 9 months of 2022, the export value of this product group increased by 99% over the same period. Exports of canned tuna increased by 6% and other processed tuna by 18%.
Among tuna exporting enterprises, Dragon Waves, Bidifisco and Havuco are the three largest tuna exporters, accounting for 25% of the total tuna export turnover in the first 9 months of 2022.
With the positive results in the past 9 months, Vietnam's tuna exports will soon reach a peak of 1 billion USD.
|
Top 10 largest Vietnam tuna exporter, Jan- Sep 2022 |
|
|
Enterprises |
Proportion (%) |
|
Dragon Waves |
9 |
|
Bidifisco |
9 |
|
Havuco |
7 |
|
Tithico |
6 |
|
Highland Dragon |
6 |
|
Yueh Chyang Co |
6 |
|
Tuna Vietnam |
6 |
|
Mariso Vietnam |
5 |
|
An Hai Fishery Co., Ltd |
5 |
|
Pattaya Vietnam |
4 |
Compiled by Thuy Linh
(seafood.vasep.com.vn) Vinh Hoan Seafood (stock code VHC) announced that its export turnover to three key markets— the U.S., EU, and China—grew between 32% and 40% in November 2024 compared to the same period in 2023.
(seafood.vasep.com.vn) Shrimp exports for the first 11 months of 2024 brought in nearly 3.6 billion USD, up 22% compared to the same period last year. Exports to major consumption markets all recorded double-digit growth.
(seafood.vasep.com.vn) In 2023, total pangasius imports into the European Union saw a significant decline compared to the previous year. Approximately 70,000 tons were imported, 3,000 tons less than in 2022, according to a report from FAO-Globefish.
(seafood.vasep.com.vn) On December 11, Vinh Hoan Joint Stock Company (Vinh Hoan Corp) was once again honored in the "Top 50 Most Effective Businesses in Vietnam" ranking, compiled annually by the Investment Bridge Magazine. This marks the 11th consecutive year Vinh Hoan has been recognized in this prestigious list.
(seafood.vasep.com.vn) The purchase price of raw pangasius in the first 11 months of 2024 remained at 26,000-27,000 VND/kg. However, farmers faced challenges in earning profits due to rising costs of fish feed, fuel, and labor during the year.
(seafood.vasep.com.vn) Sao Ta Foods Joint Stock Company (FIMEX) recently announced its production and business results for November 2024, showing a 5% year-over-year increase in revenue but a 21% decline compared to the previous month.
(seafood.vasep.com.vn) Soc Trang province underscores the critical role of the fisheries sector in driving its socio-economic development. Located along Vietnam's coastline, the province features 72 km of shoreline, three major estuaries—Dinh An, Tran De, and My Thanh—and a dense river network encompassing diverse ecosystems, including saltwater, brackish, and freshwater. These natural resources provide ideal conditions for the growth of aquaculture, making the fisheries sector a cornerstone of Soc Trang’s economic strategy.
(seafood.vasep.com.vn) In 2024, the pangasius industry in Dong Thap is projected to achieve a production value of VND 8.802 billion, marking a 2.86% increase compared to 2023 and accounting for over 17% of the province's total agricultural, forestry, and fishery production value.
(seafood.vasep.com.vn) Vietnam's tuna exports to Japan have seen robust growth over the past two months. Data from Vietnam Customs shows that in October 2024 alone, tuna exports to Japan surged by 31% year-on-year, reaching nearly USD 3.5 million. This growth has offset the decline experienced in the first half of the year, raising the total export value for the first ten months of 2024 to nearly USD 28 million, a 5% increase compared to the same period last year.
A business forum was held by the Dutch Embassy in Vietnam in collaboration with the Ministry of Agriculture and Rural Development (MARD) in the Mekong Delta city of Can Tho on November 27, seeking ways for sustainable aquaculture in the region.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội
Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO
Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông
Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn
Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh
Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn
VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội
Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn
